Oil’s three-day rally ended as policymakers made clear they would continue tightening economic reins in the fight against inflation, reigniting fears of a global slowdown.
Commodity trader Gunvor Group posted a 42 percent drop in profit in 2024.
Uncertainty over tariffs, sanctions, and OPEC output drove cautious gains in crude.
It appears that the May natural gas contract is looking to establish a new post-winter trading range into the shoulder season, Eli Rubin, an energy analyst at EBW Analytics Group, said.
Sempra intends to sell its gas distribution business in Mexico and a minority stake in its liquefied natural gas arm to support investment in the U.S.
The punishments would include a 500 percent tariff on imports from countries that buy Russian oil, petroleum products, natural gas or uranium, according to a draft of the bill seen by Bloomberg News.
